Dec 7, 2012 5:00pm PST
before the end of the year. >> folks, this is not hard. this ain't rocket science. it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent the middle class tax cut. the president would probably have me spin up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> vice president joe biden did not waiver on the white house's position. it's all about the top tax rates. >> every serious economist i have spoken to, left, right, and center, knows you have to do something about revenue and rates. you can't get there from here without affecting people at this table. or fooling around with the mortgage deductions. you can't get there without the rates being affected. >> the white house is not backing down on rates. the president sent his legislative affairs director to meet with the republicans on the hill. he told him the white house is not moving on rates. a source close to the negotiations said once republicans move on rates they can get a deal very quickly. that sounds like the pr
Dec 5, 2012 1:00pm PST
is for science and research. the u.s. condemns the launch saying it is the same technology that would be used to launch a ballistic missile. >>> alan simpson is cutting loose gangnam style. >> stop tweeting your breakfast. >> yes, the republican from wyoming wants to convince people to get involved with lowering the national debt. he asks young americans to use social media to sign a petition. i think that's going to be a successful marketing campaign. >> he's moving like gangnam style. >> soon you'll be doing it. >> a billion people will have seen that youtube video. >>> two prominent members of congress are standing by to join us live. they're getting ready to debate how to break the stalemate in the fiscal cliff negotiations. whether republicans should declare victory on taxes and move on. or are we all going over the fiscal cliff? let's see if we can work out a deal right here in the situation room. but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey.
Dec 7, 2012 1:00pm PST
people. as the old expression used to go, this ain't rocket science. after superstorm sandy did not even the blow to the jobs market they feared, administration officials are sounding confident. >> there could be changes, but for all intents and purposes, this report looks to me like a steady report. >> as for the fiscal cliff, there appears to be a momentary break in the clouds when john boehner said he would be open to a tax rate increase on wealthier americans, just what the president wants. >> there are a lot of things possible, but none of it will be possible if the president insists on his position, insists on my way or the highway. hours later boehner put out a statement saying as i've said many, many, many times, i oppose tax rate increases because it cost american jobs. that has not changed and will not change. democrats say that just won't work. >> could it be because the republicans are holding the middle income tax cuts, as they have all along, hostage to tax cuts for the wealthy. >> after a week where republicans and the house and senate signal a willingness, one senator cam